Welcome to our dedicated page for International Mny Express news (Ticker: IMXI), a resource for investors and traders seeking the latest updates and insights on International Mny Express stock.
International Money Express, Inc. (NASDAQ: IMXI), known as Intermex, generates frequent news as a money remittance and digital payments company focused on cross-border transfers. Founded in 1994 and headquartered in Miami, Florida, Intermex enables consumers to send money from the United States, Canada, Spain, Italy, the United Kingdom, and Germany to more than 60 countries, with payouts through thousands of retail and bank locations worldwide.
News about Intermex often centers on its role as a money remittance provider to Latin America and the Caribbean, as well as its expansion into additional regions. Recent announcements highlight strategic partnerships that reshape key corridors, such as alliances with Banco Industrial in Guatemala to power the Zigi App, with Caribe Express in the Dominican Republic, and with Orbit Money Transfer in Canada. These stories emphasize digital remittance experiences, financial inclusion, and enhanced access to secure transfers.
Investors and observers can also follow updates on Intermex’s technology platforms, including its Remittance-as-a-Service offering, Business-to-Business Solutions, and Payroll Card Program. Press releases describe how these services allow businesses and financial institutions to embed cross-border payments, digitize payroll, and connect to Intermex’s payout network.
Another important stream of news involves corporate developments and regulatory milestones. Intermex and The Western Union Company have entered into a merger agreement under which Western Union plans to acquire Intermex, subject to stockholder and regulatory approvals and other conditions. Company communications provide details on the merger process, financial results, and non-GAAP performance measures. For users tracking IMXI, this news feed offers a centralized view of operational initiatives, corridor expansions, partnership activity, and transaction-related disclosures.
International Money Express (NASDAQ: IMXI) announced a virtual investor update hosted by Northland Securities, scheduled for June 4 at 1:00 PM E.T. The update will feature President and CEO Robert Lisy, along with CFO Tony Lauro. Interested parties are encouraged to register 5-10 minutes prior to the event. The company specializes in money remittance services focused on Latin America and the Caribbean, utilizing proprietary technology to facilitate transactions from the U.S. to 17 countries. Founded in 1994, IMXI is headquartered in Miami, Florida.
International Money Express, Inc. (NASDAQ: IMXI) announced record one-day sales on May 9, surpassing the previous high by 16%. This day also marked the highest remittance sales from the U.S. to Mexico, the largest money transfer corridor globally. Notably, online sales surged 183% in April compared to the previous year. Despite a 7% year-over-year decline in remittance volume during April due to the COVID-19 pandemic, sales volumes have been recovering significantly in May. Intermex is committed to providing reliable services while navigating the ongoing challenges of the pandemic.
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